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Spotify Technology SA
NYSE:SPOT

Watchlist Manager
Spotify Technology SA Logo
Spotify Technology SA
NYSE:SPOT
Watchlist
Price: 297.81 USD 1.24%
Updated: May 3, 2024

Relative Value

The Relative Value of one SPOT stock under the Base Case scenario is 181.66 USD. Compared to the current market price of 297.81 USD, Spotify Technology SA is Overvalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SPOT Relative Value
Base Case
181.66 USD
Overvaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
34
vs Industry
21
Median 3Y
2.5
Median 5Y
3.6
Industry
1.5
Forward
3.5
vs History
vs Industry
Median 3Y
-74.6
Median 5Y
-84.6
Industry
18.8
Forward
73.3
vs History
63
vs Industry
6
Median 3Y
109.2
Median 5Y
96.2
Industry
11.6
vs History
42
vs Industry
7
Median 3Y
31.8
Median 5Y
73
Industry
15.9
vs History
19
vs Industry
2
Median 3Y
13.3
Median 5Y
12.9
Industry
1.8
vs History
38
vs Industry
22
Median 3Y
2.3
Median 5Y
3.4
Industry
1.6
Forward
3.3
vs History
38
vs Industry
13
Median 3Y
9.1
Median 5Y
13.3
Industry
3.5
vs History
0
vs Industry
0
Median 3Y
84.7
Median 5Y
84.7
Industry
9.2
Forward
49.4
vs History
vs Industry
Median 3Y
-37.6
Median 5Y
-129.4
Industry
13.1
Forward
61.5
vs History
61
vs Industry
7
Median 3Y
104.8
Median 5Y
91.4
Industry
10.7
vs History
82
vs Industry
8
Median 3Y
141
Median 5Y
121.2
Industry
13.3
vs History
0
vs Industry
3
Median 3Y
8.2
Median 5Y
8.1
Industry
1.5

Multiples Across Competitors

SPOT Competitors Multiples
Spotify Technology SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
Spotify Technology SA
NYSE:SPOT
59B USD 4 -500.7 2 266.5 -427.3
US
Netflix Inc
NASDAQ:NFLX
248.7B USD 7.1 38.6 11.3 32.4
US
Walt Disney Co
NYSE:DIS
212.6B USD 2.4 71.1 16.3 25.1
NL
Universal Music Group NV
AEX:UMG
52.6B EUR 4.7 41.8 30.1 38.3
CN
Tencent Music Entertainment Group
NYSE:TME
22.5B USD 5.9 33.2 27.5 33.3
US
Live Nation Entertainment Inc
NYSE:LYV
22.3B USD 1 70.7 13.7 20.5
US
Warner Bros Discovery Inc
NASDAQ:WBD
19.7B USD 0.5 -6.3 2.5 -103.6
FR
Bollore SE
PAR:BOL
18.1B EUR 1.3 6.1 16.4 40.7
US
Warner Music Group Corp
NASDAQ:WMG
17.6B USD 2.8 38.3 16.9 23.1
US
Roku Inc
NASDAQ:ROKU
8.5B USD 2.3 -15 -25.4 -19.9
DE
Cts Eventim AG & Co KgaA
XETRA:EVD
8.1B EUR 3.4 29.4 13.1 16.1

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